New Zealand's a2 Milk rises on declaring special dividend
Today 01:24
BUZZ-New Zealand's a2 Milk rises on declaring special dividend ** Shares of New Zealand's a2 Milk ATM.NZ rise as much as 6.3% to NZ$9.0, heading for a seventh straight session of gains
** Dairy firm declares NZ$300 million ($169.26 million) special dividend that will be fully franked and unimputed
** Dividend will be paid on July 24
** Co earlier this week secured China's nod to rebrand two Pokeno-linked infant formula registrations
** Stock has fallen nearly 17% so far this year
($1 = 1.7724 New Zealand dollars)
(Reporting by Roshan Thomas in Bengaluru)
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New Zealand's a2 Milk rises on declaring special dividend
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